100 Parker Road
Round Rock, TX
Price:
$3458000
Cap Rate:
6.75%
NOI:
$233,400
Building Size:
Approx. 11505 Sq. Ft.
Lot Size:
Approx. 3.54 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built / Renovated:
2001 / 2012
Investment Overview
- 11,505+/- SF building on 3.54+/- Acre Site
- 10-Year NNN Lease w/ 9+ Yrs Remaining & 10% Rent Bumps Every 5-Yrs
- Located along Interstate 35 (175,000 VPD), just S of Toll Rd 45 (99,000 VPD)
- Near Target, Sam’s, Best Buy, Lowe’s, Pet Smart, Kohl’s, Marshall’s, & HEB
- Area Attractions: Premium Outlets | Dell Diamond | Forest Creek Golf Club
- 2-Miles SW of Dell HQ (16,000 Empl.) | 17-Miles N of Downtown Austin
- Round Rock is America’s second fastest-growing city – United States Census
- 3-Mile Estimated 2015 Population: 88,775 | 3-Mile Average Household Income: $69,064
- Austin – Round Rock – San Marcos (MSA) | 35th Largest MSA in the US |Population: 1,883,051